Ukraine’s national energy company, Ukrenergo, reported UAH 2.7 bln in losses.

Tuesday, December 14, 2021
Ukraine’s national energy company, Ukrenergo, reported UAH 2.7 bln in losses.

The entity which is managed by the Ministry of Energy reported the losses for the three quarters of 2021. In the first half of the year, the financial result recorded a profit of UAH 306.7 mln, while in July-September the company suffered a loss of UAH 3 bln. The loss is determined by the seasonal increase in the generation of renewable energy sources. As of September 2021, Ukrenergo had UAH 77 bln ($2.85 bln) of debt obligations, reported marlin.org.ua.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
International consultants, Mott MacDonald and Electricité de France to inspect the reconstruction of Ukrainian hydropower plants

International consultants, Mott MacDonald and Electricité de France to inspect the reconstruction of Ukrainian hydropower plants

Next post
Ukraine's budget waiting on receipt of UAH 6 bln for the sale of casino licenses.

Ukraine's budget waiting on receipt of UAH 6 bln for the sale of casino licenses.

Previous Main Topics